United Rentals (URI) FY2025 10-K Annual Report

Filed: Jan 28, 2026
Information Technology
Services-Equipment Rental & Leasing, NECSEC EDGAR

United Rentals (URI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Jan 28, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

United Rentals FY2025 10-K Analysis

Business Overview

  • Core business: largest global equipment rental company focused on construction and industrial customers in North America with a smaller presence internationally
  • New emphasis on specialty and services expansion including Yak acquisition in March 2024 and growth in tools and onsite services
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Management Discussion & Analysis

  • No revenue or profit data provided for FY2026, no YoY comparisons disclosed
  • Inflation, interest rates, and tariffs noted as key cost pressures; loan rates increased from 1.4% (2021) to 5.4% (2025) on variable debt
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Risk Factors

  • Geopolitical risk from Ukraine and Venezuela conflicts with related sanctions impacting operations and supply chains
  • Operational risk from supply chain disruptions affecting fleet availability and equipment transport costs
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United Rentals FY2025 Key Financial Metrics
XBRL

Revenue

$3.7B

+3.0% YoY

Net Income

$2.5B

-3.1% YoY

Gross Margin

166.3%

-513bp YoY

Operating Margin

107.5%

-577bp YoY

Net Margin

67.5%

-427bp YoY

ROE

27.8%

-206bp YoY

Total Assets

$29.9B

+6.0% YoY

EPS (Diluted)

$38.61

-0.2% YoY

Operating Cash Flow

$5.2B

+14.2% YoY

Source: XBRL data from United Rentals FY2025 10-K filing on SEC EDGAR. All figures in USD.

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